Business, Fuel

OPEC+ Agrees to Pause Oil Supply Increase After Price Rout

OPEC+ clinched a deal to pause its planned oil output hike for two months after prices plunged amid fragile demand.

September 5, 2024
Government, Business, Technology, Fuel

US, China to Restart Climate Talks in Beijing

Climate negotiators from the U.S. and China will resume talks Sept. 4 in Beijing on deepening emissions cuts and transition funding.

September 3, 2024
Business, Logistics, Global Freight

Private Equity Gets Rare Support From Union on Schenker Sale

Verdi, Germany’s most powerful labor union, is making the unusual move of backing a private equity firm’s bid for Deutsche Bahn’s planned $15.5 billion sale of its Schenker logistics arm.

August 30, 2024
Business, Fuel

Rivian Production Head Leaves for Stellantis in Latest Exit

A senior leader at Rivian Automotive’s sole factory plans to leave the company, the latest in a wave of executive departures in recent months at the electric vehicle maker.

August 20, 2024
Government, Business, Fuel

OPEC Kept Oil Output Steady in July

OPEC kept oil production broadly steady in July while it cautiously monitors the impact of its latest cutbacks on global markets.

August 2, 2024
Business, Equipment

Yokohama to Buy Goodyear’s OTR Tire Business for $905 Million

Yokohama Rubber Co. agreed to acquire Goodyear Tire & Rubber Co.’s off-the-road tire business for $905 million as part of the Japanese manufacturer’s global expansion plan.

July 22, 2024
Business, Equipment, Fuel, Logistics, Global Freight

Maersk Tankers Bet Billions on Ammonia Fuel Carriers

Some of the biggest names in shipping are betting billions on tankers to transport a type of ammonia that’s scarcely being produced today, wagering it will become integral to decarbonization.

July 15, 2024
Government, Business, Fuel

Biden Faces Frustration From US Farmers Over Biofuel Policy

President Joe Biden’s re-election campaign has had a tough week. Lingering in the background is a boom he touted for American farmers that hasn’t panned out.

July 12, 2024
Business, Technology, Autonomous

Flying Taxi Startup Lilium Close to Saudia Order

Lilium NV is close to selling 100 electric flying taxis to Saudi Arabia’s state-owned airline, formalizing a framework deal arranged in late 2022.

July 10, 2024
Business, Equipment

Yokohama Said to Hold Talks for Goodyear’s OTR Tire Business

Yokohama Rubber Co. is in advanced talks to buy Goodyear Tire & Rubber Co.’s off-the-road tire business for at least $1 billion, according to people familiar with the matter.

July 10, 2024